Ryanair Holdings PLC (NASDAQ:RYAAY) Given Consensus Rating of “Moderate Buy” by Analysts

Ryanair Holdings PLC (NASDAQ:RYAAY) has received a consensus rating of “Moderate Buy” from the twelve analysts that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $75.6667.

Several research analysts have commented on RYAAY shares. Weiss Ratings raised Ryanair from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a research note on Tuesday, January 27th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. Sanford C. Bernstein reissued a “market perform” rating and set a $71.00 price target on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Erste Group Bank cut Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th.

Ryanair Price Performance

Ryanair stock opened at $58.74 on Monday. The firm has a fifty day moving average of $64.31 and a 200-day moving average of $64.87. Ryanair has a 52-week low of $38.52 and a 52-week high of $74.24. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $30.74 billion, a P/E ratio of 11.80, a PEG ratio of 0.49 and a beta of 1.26.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, January 26th. The transportation company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.08. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.16 billion. As a group, analysts predict that Ryanair will post 3.09 EPS for the current year.

Institutional Investors Weigh In On Ryanair

Large investors have recently added to or reduced their stakes in the company. USA Financial Formulas acquired a new position in Ryanair in the 3rd quarter worth $26,000. CIBC Private Wealth Group LLC grew its stake in shares of Ryanair by 280.6% during the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its position in shares of Ryanair by 76.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after acquiring an additional 209 shares during the last quarter. UMB Bank n.a. increased its position in shares of Ryanair by 1,057.4% during the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after acquiring an additional 497 shares during the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in shares of Ryanair by 2,929.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock worth $37,000 after acquiring an additional 498 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.